Generally, when we have clients come in who are self-employed, we ask that they provide us with a profit and loss statement for their business. The bankruptcy court looks at the last six months before filing. I’ll generally ask clients just to put together a simple revenue versus expenses, profit and loss sheet, and that’s basically how we come up with the income
I Need To Sell Jointly Owned Property
Joint ownership of property can be a great arrangement when both parties agree on how to manage and use the property. However, disagreements can arise over issues such as maintenance, use of the property, or whether to sell it. When co-owners are no longer on the same...